diff --git a/.gitignore b/.gitignore
index e882946..790f57e 100644
--- a/.gitignore
+++ b/.gitignore
@@ -67,3 +67,5 @@
 /openmp-12.0.0rc5.src.tar.xz.sig
 /openmp-12.0.0.src.tar.xz
 /openmp-12.0.0.src.tar.xz.sig
+/openmp-12.0.1rc1.src.tar.xz
+/openmp-12.0.1rc1.src.tar.xz.sig
diff --git a/libomp.spec b/libomp.spec
index b59398d..d376b6c 100644
--- a/libomp.spec
+++ b/libomp.spec
@@ -1,5 +1,6 @@
-#%%global rc_ver 5
-%global libomp_srcdir openmp-%{version}%{?rc_ver:rc%{rc_ver}}.src
+%global libomp_version 12.0.1
+%global rc_ver 1
+%global libomp_srcdir openmp-%{libomp_version}%{?rc_ver:rc%{rc_ver}}.src
 
 
 %ifarch ppc64le
@@ -9,7 +10,7 @@
 %endif
 
 Name: libomp
-Version: 12.0.0%{?rc_ver:~rc%{rc_ver}}
+Version: %{libomp_version}%{?rc_ver:~rc%{rc_ver}}
 Release: 1%{?dist}
 Summary: OpenMP runtime for clang
 
@@ -139,6 +140,9 @@ rm -rf %{buildroot}%{_libdir}/libarcher_static.a
 %{_libexecdir}/tests/libomp/
 
 %changelog
+* Tue Jun 01 2021 Tom Stellard <tstellar@redhat.com> - 12.0.1~rc1-1
+- 12.0.1-rc1 Release
+
 * Fri Apr 16 2021 Tom Stellard <tstellar@redhat.com> - 12.0.0-1
 - 12.0.0 Release
 
diff --git a/sources b/sources
index 61d2bfe..94da20b 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (openmp-12.0.0.src.tar.xz) = e01808ab41f13137e225e753a4a89f1ca7917b5783fbec16e46407a51266c96d2651b3b1c1f189760d7a43693abbf266ecdacf9c2e607b577dfe96c3098c167d
-SHA512 (openmp-12.0.0.src.tar.xz.sig) = c2ba5ddd93997b7d7cff26168497931b7095a89d1b84c4f5fa761bbaf4f47ba6a39ee9daefffb8ddf37add73de4d42141f8145595c04ebf364ccaec99f03a64f
+SHA512 (openmp-12.0.1rc1.src.tar.xz) = 1b8c04d568a7e78315ae55ff47c0f87be849e9c7267396359b62b960c7630bc1b4de39d00a0a8d1a02b07d7071e119120248b8eb80d7f0df781e7804eb195cc6
+SHA512 (openmp-12.0.1rc1.src.tar.xz.sig) = 5fd42a0d194aa38c0f659677f7f332ad657f32c22f02ed5416f347831be8346211df9fa067f2eab1cc8a3b027f086524517f420ef2777759af34ef5fabdaab4d